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CONSOLIDATED GOLD FIELDS v. ANGLO AMERICAN CORP.

No. 88 Civ. 7191 (MBM).

713 F.Supp. 1479 (1989)

CONSOLIDATED GOLD FIELDS, PLC, Newmont Mining Corporation, Newmont Gold Company, and Gold Fields Mining Corporation, Plaintiffs, v. ANGLO AMERICAN CORPORATION OF SOUTH AFRICA LIMITED, De Beers Consolidated Mines Limited, and Minorco, S.A., Defendants.

United States District Court, S.D. New York.

May 16, 1989.

Attorney(s) appearing for the Case

Richard J. Holwell, White & Case, New York City, for plaintiffs Newmont Mining Corp. and Newmont Gold Co.

Jeremy G. Epstein, Shearman & Sterling, New York City, for defendant Minorco, S.A.

OPINION AND ORDER

MUKASEY, District Judge.

Defendant Minorco, S.A. ("Minorco") moves pursuant to Fed.R.Civ.P. 65 to dissolve the preliminary injunction issued against its proposed takeover of Consolidated Gold Fields PLC ("Gold Fields"). The background and course of this contested takeover are detailed in this court's initial decision enjoining the takeover because the resulting combination would control 32.3% of the non-communist world gold market,

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